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Articles for Trade Deficit

Crisil Projects CAD To Widen To 1% Of GDP In FY25

Even as the merchandise trade deficit has come under some pressure, robust services exports and healthy remittances flow should help keep the CAD in the safe zone this fiscal, says Crisil Ratings

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Merchandise Trade Deficit Likely To Rise As Imports Outgrow Exports

India’s merchandise exports are projected to rise by a tepid 1 to 3 per cent to USD 446 to 449 billion in FY2025 from USD 441.4 in FY2024, amid sluggish global demand

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Decreased Oil Exports, Lower Crude Prices Increasing India's Trade Deficit: Crisil

Oil is one of India's major export items, the country exports petroleum products to various countries, with the Netherlands being the top destination, followed by Singapore, Australia, and South Africa

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India’s Trade Deficit With Saudi Arabia Declines By $11.1 Bn YoY in FY24: Report

India’s exports to Saudi Arabia stood at USD 11.6 billion in the financial year 2024 as compared to imports worth USD 31.8 billion in the previous financial year

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Electronic Goods Exports Surge 37% YoY In July

For the period from April to July 2024, the total export value of electronic goods reached USD 11.24 billion

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India's CAD To Narrow Down To 1-1.5% Of GDP In FY25: Report

India’s merchandise trade deficit was higher, as imports have risen at a sharper pace than exports

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India's July Exports Up 2.8% At $62.4 Bn, Trade Deficit Widens To $9.6 Bn

While the Merchandise trade deficit in July stands at USD 23.5 billion, the overall trade deficit for the month stands at USD 9.61 billion

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India's May Exports Up At 10.2%, Trade Deficit Also Narrows

Overall trade deficit significantly improved from USD 121.6 billion in 2022-23 to USD 75.6 billion in 2023-24

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Higher Gold Imports Widen Trade Deficit To Five Months High At $19 Bn

Despite strong gold demand in March, the market saw an unexpected downturn as jewellers stocked up for the Indian wedding season.

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